Amazon Chief Executive Jeff Bezos, has purchased a Beverly Hills mansion from David Geffen for $165 million.
Bezos is the founder of Blue Origin and CEO of Amazon.
The sale price is believed to be the highest in a Los Angeles-area residential real estate transaction.
The deal surpasses the previous record of $150 million spent by media executive Lachlan Murdoch.
Reuters reports the 9.4-acre estate boasts a stately Hollywood pedigree all its own.